Cannabis Stock Alert: Sundial Growers Inc (SNDL) Drops 1.39% Thursday

Cannabis stock Sundial Growers Inc is lower by 1.39% Thursday. The market has been high on Sundial Growers Inc (SNDL) stock recently. SNDL gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Sundial Growers Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on SNDL!

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What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With SNDL Stock Today?

Sundial Growers Inc (SNDL) stock is lower by -1.39% while the S&P 500 is up 0.65% as of 1:25 PM on Thursday, Jul 29. SNDL has fallen -$0.01 from the previous closing price of $0.85 on volume of 59,398,011 shares. Over the past year the S&P 500 has gained 37.63% while SNDL is up 33.33%. SNDL lost -$0.90 per share in the over the last 12 months. To screen for more stocks like Sundial Growers Inc click here.

More About Sundial Growers Inc

Sundial Growers Inc is engaged in producing and marketing cannabis for the adult-use market. Some of its products are Lemon Riot, Daydream, Zen Berry, Twilight, Tropical Bliss, Pillow Talk, Citrus Punch, and others. The company's primary focus is on producing and distributing inhalable products and brands (flower, pre-rolls, and vapes). some of its brands include Sundial, Top Leaf, Palmetto, and Grasslands. Click Here to get the full Stock Report for Sundial Growers Inc stock.